Bullish and bearish scenarios: $ADA what traders should pay attention to
If ADA remains above $0.975 and breaks the resistance at $1.300, the next target could be $2.000. This would be a significant increase, potentially driven by bullish sentiment around major cryptocurrencies like Bitcoin. At the time of publication, ADA is trading at $1.03, and the 24-hour trading volume is $2.77 billion, indicating strong market interest. The 1-hour RSI of 58.87 suggests that ADA is neither overbought nor oversold, indicating a neutral position. Additionally, the 1-hour MACD is trading above the signal line, indicating the formation of a bullish trend.
